Civic Intelligence

Laredo Licensed Us Custom Brokers Associations Inc

990 • Fiscal year 2014 • EIN 74-2444574

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

1211 San Dario Avenue Ste 720Laredo, TX 78040

(956) 722-9898

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.14x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.11x

Higher debt load relative to revenue than 78% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

92nd percentile

32%

Higher net margin than 92% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

93rd percentile

77%

Faster asset growth than 93% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

96th percentile

99%

Faster revenue growth than 96% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$96,432

Up $41,972 (+77%) from 2013

Net Assets

Up

$82,760

Up $41,167 (+99%) from 2013

Liabilities

Up

$13,672

Up $805 (+6.3%) from 2013

Revenue

Up

$127,405

Up $63,359 (+99%) from 2013

Expenses

Up

$86,238

Up $19,680 (+30%) from 2013

Net Income

Up

$41,167

Up $43,679 (+1739%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2010: $112,277Liabilities 2010: $25,489Net Assets 2010: $86,7882010Assets 2011: $65,278Liabilities 2011: $6,219Net Assets 2011: $59,0592011Assets 2012: $52,120Liabilities 2012: $8,015Net Assets 2012: $44,1052012Assets 2013: $54,460Liabilities 2013: $12,867Net Assets 2013: $41,5932013Assets 2014: $96,432Liabilities 2014: $13,672Net Assets 2014: $82,7602014Assets 2015: $72,307Liabilities 2015: $180Net Assets 2015: $72,1272015Assets 2016: $77,508Liabilities 2016: $180Net Assets 2016: $77,3282016Assets 2017: $137,387Liabilities 2017: $180Net Assets 2017: $137,2072017Assets 2018: $126,705Liabilities 2018: $180Net Assets 2018: $126,5252018Assets 2019: $154,907Liabilities 2019: $180Net Assets 2019: $154,7272019Assets 2020: $176,417Liabilities 2020: $442Net Assets 2020: $175,9752020Assets 2021: $227,862Liabilities 2021: -$24Net Assets 2021: $227,8862021Assets 2022: $240,044Liabilities 2022: -$202Net Assets 2022: $240,2462022Assets 2023: $236,208Liabilities 2023: -$205Net Assets 2023: $236,4132023Assets 2024: $240,812Liabilities 2024: $0Net Assets 2024: $240,8122024

Highlighted filing

2014

Assets$96,432
Liabilities$13,672
Net Assets$82,760

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KExpenses 2010: $65,5482010Expenses 2011: $75,2462011Expenses 2012: $78,6122012Revenue 2013: $64,046Expenses 2013: $66,558Net Income 2013: -$2,5122013Revenue 2014: $127,405Expenses 2014: $86,238Net Income 2014: $41,1672014Revenue 2015: $78,402Expenses 2015: $92,500Net Income 2015: -$14,0982015Revenue 2016: $79,512Expenses 2016: $105,418Net Income 2016: -$25,9062016Revenue 2017: $185,876Expenses 2017: $157,059Net Income 2017: $28,8172017Revenue 2018: $103,562Expenses 2018: $78,192Net Income 2018: $25,3702018Revenue 2019: $95,901Expenses 2019: $72,829Net Income 2019: $23,0722019Revenue 2020: $92,470Expenses 2020: $70,712Net Income 2020: $21,7582020Revenue 2021: $107,513Expenses 2021: $55,602Net Income 2021: $51,9112021Revenue 2022: $137,487Expenses 2022: $83,307Net Income 2022: $54,1802022Revenue 2023: $186,679Expenses 2023: $195,548Net Income 2023: -$8,8692023Revenue 2024: $137,866Expenses 2024: $133,467Net Income 2024: $4,3992024

Highlighted filing

2014

Revenue$127,405
Expenses$86,238
Net Income$41,167
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$127,405
Mission and Program Overview

Mission

To protect and further the business interest of licensed us brokers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$41,593$82,760▲ $41,167
Cash and Non-Interest-Bearing Accounts$26,306$66,651▲ $40,345
Savings and Temporary Cash Investments$15,181$15,219▲ $38
Accounts Receivable$10,705$13,672▲ $2,967
Prepaid Expenses and Deferred Charges$2,167--
Land, Buildings, and Equipment, Net$101--
Total Assets$54,460$96,432▲ $41,972
Other Assets Total-$890-
Liabilities
Deferred Revenue$10,705$13,672▲ $2,967
Accounts Payable and Accrued Expenses$2,162--
Total Liabilities$12,867$13,672▲ $805
Net Assets / Fund Balance
Total Net Assets Fund Balance$41,593$82,760▲ $41,167
Total Liabilities and Net Assets / Fund Balance$54,460$96,432▲ $41,972

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$46,922$46,922
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sonia VillarrealPresident
Oscar FernandezSecretary
Raul S VillarrealTreasurer
Enrique GonzalezVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$48,313
Program Service Revenue
$72,870
Investment Income
$91
Other Revenue
$6,131
All Other Contributions
$4,697
Change in Net Assets
$41,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$41,309--$41,309
Fees for Services Other$4,027$22,728-$26,755
Travel$7,972--$7,972
Occupancy-$6,600-$6,600
Fees for Services Accounting-$1,750-$1,750
Office Expenses-$1,261-$1,261
Advertising$490--$490
Depreciation Depletion-$101-$101
Total Functional Expenses$53,798$32,440$0$86,238
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Laredo Licensed US Custom Brokers
EIN
74-2444574
Phone
9567229898
Address
1211 SAN DARIO AVENUE STE 720, LAREDO, TX 78040

Signing Officer

Name
Sonia Villarreal
Title
President
Phone
9567229898
Signed
2015-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonia Villarreal
Formed
1995
Legal Domicile
TX
Voting Board Members
109
Independent Board Members
0
Employees
0

Preparer

Firm
Ramiro E Menchaca Pc
Address
6414 MCPHERSON RD 13, LAREDO, TX 78041-6152
Preparer
Ramiro E Menchaca CPA
Phone
9567122727
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Bank services fees 0 253 0 computer expenses 0 790 0 contract services 0 18,672 0 donations 0 200 0 dues & subscriptions 4,027 791 0 maintenance expense 0 739 0 miscellaneous expense 0 254 0 telephone 0 1,029 0

Raw XML Appendix274 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK SERVICES FEES 0 253 0 COMPUTER EXPENSES 0 790 0 CONTRACT SERVICES 0 18,672 0 DONATIONS 0 200 0 DUES & SUBSCRIPTIONS 4,027 791 0 MAINTENANCE EXPENSE 0 739 0 MISCELLANEOUS EXPENSE 0 254 0 TELEPHONE 0 1,029 0
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09567229898
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAREDO LICENSED US CUSTOM BROKERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0LARE
ReturnHeader/Filer/EIN0742444574
ReturnHeader/Filer/PhoneNum09567229898
ReturnHeader/Filer/USAddress/AddressLine1Txt01211 SAN DARIO AVENUE STE 720
ReturnHeader/Filer/USAddress/CityNm0LAREDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078040
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742689737
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAMIRO E MENCHACA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06414 MCPHERSON RD 13
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAREDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0780416152
ReturnHeader/PreparerPersonGrp/PhoneNum09567122727
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAMIRO E MENCHACA CPA
ReturnHeader/ReturnTs02015-11-16T16:05:35-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.00$2.41$1.38$1.33$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$1.87$1.96$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$1.37$0.83$0.54
2021Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$1.08$0.56$0.52
2020Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$0.92$0.71$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.96$0.73$0.23
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$1.04$0.78$0.25
2017Summary only. Only limited summary data is available for this year.$1.37$0.00$1.37$1.86$1.57$0.29
2016Summary only. Only limited summary data is available for this year.$0.78$0.00$0.77$0.80$1.05$0.26
2015Summary only. Only limited summary data is available for this year.$0.72$0.00$0.72$0.78$0.93$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.14$0.83$1.27$0.86$0.41
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.13$0.42$0.64$0.67$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.08$0.44$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.06$0.59$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.25$0.87$0.66
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)6 • <$500k nonprofits